Former secretary Ashok Chawla, who has been named in a charge-sheet by Central Bureau of Investigation (CBI) in the Aircel-Maxis scam, has resigned as non-executive chairman of Yes Bank. Mr Chawla, however, continues to be chairman of the National Stock Exchange (NSE). According to Yes Bank’s...

Market regulator Securities and Exchange Board of India (SEBI) has asked credit ratings agencies (CRAs) to include a specific section on liquidity in their reports to highlight the company financials.    In its guidelines, SEBI said, "The press release shall include a specific section...

Market regulator Securities and Exchange Board of India (SEBI) has apparently stopped discussing surveillance action during its board meetings since two years. In addition, SEBI also stopped providing names of companies or entities mentioned in the surveillance action report since November...

Quick on the heels of the appointment of Arundhati Bhattacharya, former chairperson of State Bank of India (SBI), on the board of Reliance Industries Ltd and Wipro, the All India Public Sector and Central Government Officers' Confederation (AIPCOC) has raised important questions about the...

In February 2017, when the Infrastructure Leasing & Financial Services  (IL&FS) was already facing a liquidity crisis and its board of directors was probably discussing a fat, 144%  pay hike for chairman Ravi Parthasarathy (taking his pay to Rs26.3 crore), he was busy settling a stock...